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TH · Incorporation

Company Formation
Thailand Co. Ltd.

Incorporate your Thailand Co. Ltd. — with BOI promotion for 100% foreign ownership, 20% corporate tax (15% for SMEs), and work permit options. Strasia Group guides you through the entire process.

Pathfinder
Thailand
Corporate Tax20%
Formation Time2–4 Weeks
Foreign Ownership49% (without BOI)
BOIPromotion available
Overview

Why a Thailand Co. Ltd.?

Thailand offers a growing economy, low cost of living, and a strategic environment for international entrepreneurs. Incorporating a Thai Co. Ltd. is the most common path for foreign entrepreneurs. By default, foreign ownership is limited to 49% — however, 100% is possible with BOI promotion or the US Amity Treaty. A Thai Co. Ltd. can, under certain conditions, sponsor a work permit (typically from 4 Thai employees) and may enable land purchase in specific structures.

Strasia Group supports you with the entire incorporation — including BOI promotion for 100% foreign ownership, work permit applications, and ongoing compliance.

Advantages of a Thailand Co. Ltd.

20% corporate tax (15% for SMEs)
BOI promotion: 100% foreign ownership possible
Low cost of living & quality of life
Work permit sponsorable (typically from 4 Thai employees)
Land purchase via company possible in specific structures
Growing e-commerce & tech market
US Amity Treaty for US citizens: 100% ownership without BOI

Incorporation Process

01

Consultation & Structuring

Day 1–3

We advise on the optimal structure based on your business model.

02

Name Reservation & Documents

Day 3–7

Name reservation with DBD and preparation of all incorporation documents.

03

Registration & Licenses

1–3 Weeks

Registration with the Department of Business Development (DBD) and application for required licenses.

04

Bank Account & Tax Number

Week 2–4

Opening a Thai business account and registration with the Revenue Department.

05

Work Permit

From Week 3

Application for the work permit. Please note: Only with a valid work permit / legal work status may you work in your own company in Thailand.

Frequently Asked Questions

Can I be 100% foreign owner?
By default, foreign ownership is limited to 49%. With BOI promotion or US Amity Treaty (for US citizens), 100% foreign ownership is possible. Strasia Group advises you on the optimal solution.
What is BOI promotion?
The Board of Investment (BOI) promotes certain industries with tax benefits and allows 100% foreign ownership. Ideal for technology, e-commerce, and service companies.
Do I need a work permit?
Yes — anyone who wants to work in their own company in Thailand needs a work permit. A Thai Co. Ltd. can sponsor a work permit, typically when at least 4 Thai employees are employed. Strasia Group supports you with the application.

Ready to incorporate?

Free initial consultation — 60 minutes, no obligation.

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Tax Comparison

Thailand20%
Hong Kong0–16.5%
Singapore0–17%
Dubai0–9%
Labuan0–3%
USA0–21%
Germany~30%
Netherlands19–25.8%
France25%

Thailand vs HK vs SG vs Dubai vs USA vs UK — Company Formation

Compare the key jurisdictions for your company formation at a glance.

CriterionThailandHong KongSingaporeDubaiUSAUK
Corporate Tax20%0–16.5%0–17%0–9%0–21%19–25%
VAT7%0%9%5%0%20%
Formation Time2–4 weeks1–3 days1–3 days5–10 days3–5 days1–3 days
100% Foreign OwnershipWith BOIYesYesYes (FZ)YesYes
Bank Account AccessGoodExcellentExcellentGoodGoodGood
Payment ProcessingLimitedExcellentExcellentLimitedGoodGood

Data as of 2026. Information subject to change.

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